25th September 2019
Savers in defined contribution pension schemes are missing out on higher returns due to a lack of investment in some of the UK’s fastest growing and most innovative companies reveals a new report.
Retirement savings for the average 22-year old could be increased by as much as 7-12 per cent if schemes made a small allocation to venture capital and growth equity funds. This is according to The Future of Defined Contribution Pensions, a new report published by the British Business Bank and global management consultancy, Oliver Wyman.
18th September 2019
GrowthInvest and Partners Wealth Management have launched a strategic partnership between the two organisations.
17th September 2019
Hardman & Co is leading a new initiative to support (S)EIS funds entering the investment market. It has brought together a wide range of professional services providers with the specific aim of advising, educating and supporting new funds at the start of their journey. By understanding at the outset all the elements needed for a successful launch, the new entrant is in a better position to come to market faster and in a more co-ordinated way.
13th September 2019
NVM Private Equity has completed the management buy-out of Leicestershire-based Secure Retail Limited (Secure), a leading provider of electronic payment solutions.
12th September 2019
The Insurtech M&A Market Report from international technology mergers and acquisitions advisors, Hampleton Partners, reveals that 2019 global fundraising for insurtech neared $3 billion in 1H 2019* and is on track to reaching $6 billion by the end of the year. Last year, insurtech fundraises increased 27 per cent, with 257 deals closed in 2018 vs 202 deals in 2017.
Hampleton Partners also noted that nearly one third of insurtech investments targeted European companies, with Europe’s global investment share growing from 23 per cent to 31 per cent.
This trend is spearheaded by insurtech hubs in Germany, the UK and France – with half of the ten largest insurtech investments in 2018 flowing into companies based in Berlin.
12th September 2019
High Net Worth private investors are increasing their exposure to alternative assets to achieve greater portfolio diversification in an uncertain economic climate, reveals research from Connection Capital, the specialist private client investment business.
11th September 2019
Managed office platform Kitt has raised £2 million in seed funding and appointed former Fitness First CEO Oren Peleg as Chairman. The funding round was led by Proptech investor and YOPA co-founder Andrew Barclay who will also join the company’s board.
Founded in August 2018 by entrepreneurs Steve Coulson and Lucy Minton, the company is building a platform that transforms the office leasing experience for both tenants and landlords.
On the platform, tenants can visualise and design their space using virtual reality. By partnering with landlords, Kitt then delivers a fully customised fit-out with ongoing office management, all bundled into a single fixed price package.
23rd August 2019
Two female tech entrepreneurs who have developed the UK’s first software as a service (SaaS) platform to help companies manage rebate and pricing schemes have secured £950,000 from investors.
Leanne Bonner-Cooke MBE and Colette Wyatt have received funding from Mercia Asset Management, the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, and private investors. The funding will allow them to expand their sales and marketing activities and roll out e-Bate to a wider audience, creating a number of new jobs at their office in Leicester.
19th August 2019
Maven Capital Partners, one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited. The funding will support the business scale its international sales team across key global financial locations in Europe, Asia, the Middle East and North America.
12th August 2019
Keller Williams, the world’s largest estate agency, has entered into a partnership agreement in the UK with start-up Investerge to widen their service offering, giving their customers access to the UKs only property investment marketplace.
9th August 2019
With widespread disruption from new and emerging technologies facing companies, the financial services sector is still lacking in CEOs with a background in technology, according to recent analysis from specialist recruitment firm, Robert Half UK.
According to the results of the annual Robert Half FTSE 100 CEO Tracker, not one of the CEOs leading the FTSE 100’s financial services companies has a background in technology. In contrast, the proportion of CEOs with a background in technology across all sectors has increased by 27% over the past year, as the impact of digitisation is felt across multiple industries and sectors.
8th August 2019
Kantox, a leader in foreign exchange (FX) management solutions, has partnered with Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, to offer cutting-edge FX management software to SVB’s corporate clients across the United Kingdom.